Adani Group to invest US$100bn in next decadeINEXPENSIVE POWER: Group chairman Gautam Adani said 70% of the investment would go into energy transition, with a focus on green hydrogenReuters, NEW DELHIIndia’s Adani Group is to invest more than US$100 billion over the next decade, most of it in the energy transition business, chairman Gautam Adani said yesterday, as the ports-to-energy conglomerate accelerates an already aggressive expansion plan. “As a group, we will invest over US$100 billion of capital in the next decade,” Adani, the world’s second-richest person, told the Forbes Global CEO Conference in Singapore. Adani Group chairman Gautam Adani speaks at the Forbes CEO Summit in Singapore yesterday. We are already the world’s largest solar player, and we intend to do far more,” he said. Adani said his group was India’s largest airport operator, with 25 percent of passenger traffic and 40 percent of air cargo.

Source: Taipei Times September 27, 2022 23:28 UTC